NEW PRODUCTS AND PRODUCT CHANGES 11th DECEMBER
Owner Occupier: Capital & Interest Repayment
Fixed Rates:
- 50bps reductions to all 2-year fixed rates
- 40bps reductions to Core and JBSP 5-year fixed rates. 45bps reduction to the Family Mortgage
Discount Rates:
- With the exception of the Offset Mortgage products, all discounted variable rates withdrawn from sale without replacement
- Offset products unchanged
Owner Occupier: Interest-Only
Fixed Rates:
- 50bps reductions to all 2-year fixed rates
- 40bps reductions to all 5-year fixed rates
Discount Rates:
- Core discounted variable rate products withdrawn from sale without replacement.
- JBSP and Expat products unchanged
Buy to Let
Fixed Rates:
- 2-year fixed rate options launched for UK Landlords, Limited Company SPV and Expat borrowers
- UK Landlord 5-year fixed rates reduced by 55bps
- Limited Company 5-year fixed rates reduced by 40bps. The Product Fee is also reduced from 2.00% to 1.00% (minimum £1,000).
- Semi-Exclusive Expat 5-year fixed products reduced. 60% version reduced by 50bps, 70% by 45bps
- Generally available Expat 5-year fixed rate reduced by 50bps
Discount Rates:
- With the exception of the Offset Mortgage products, all discounted variable rates withdrawn from sale without replacement
- BTL Offset products reduced by 35bps
Also, if you haven’t done so already please could you take the time to complete our lender survey.
Each completed survey will be entered into a free prize draw for a chance to win £250* and we’ll donate £2 to our local Epsom and Ewell food bank for every response received. So you will also be supporting a great cause.
Your feedback is important as it can help us improve our intermediary proposition and shape how we do business with you in the future.
To complete it, please click the following link:
Have a great week,
Nathan Waller
Business Development Manager
M: 07387040895